Words / I / Business

intercompany

adjective/ˌɪntəˈkʌmpəni/

B1CEFR level
40/100Rarity: uncommon
TechnicalRegister

Arising between members of the same group and eliminated on consolidation.

Intercompany sales are stripped out so the group does not book profit on its own transactions.

Similar: intragroup

Topic: Accounting in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Accounting